African American CEO's of Fortune 500 Companies

The "Fortune 500"  is a list of the 500 largest companies in the United States as compiled by Fortune magazine. Only 13 black executives have ever made it to the Chairman or CEO position of a "Fortune 500" listed company. Of these 13 executives, there are currently 6 active. Franklin Raines became the first black person to lead a "Fortune 500" company, when he became CEO of Fannie Mae in 1999. On July 1, 2009, Ursula Burns became the first black woman to head a Fortune 500 company.

Updated April 7, 2012.

2012 Ranking of Black CEO's from America's 500 Largest Corporations.

CEO Company Rank Revenue ($ bil.) Profits ($ mil.)
Kenneth C. Frazier Merck & Co., Inc 57 48.0 6,272.0
Roger W. Ferguson, Jr. TIAA-CREF 88 34.1 2,388.4
Kenneth I. Chenault American Express 95 32.3 4,935.0
Don Thompson McDonald's 107 27.0 5,503.1
Ursula M. Burns Xerox Corporation 127 22.6 1,295.0
Clarence Otis, Jr. Darden Restaurants, Inc. 342 7.6 476.3

Current Black CEO's of Fortune 500 Companies

Clarence Otis, Jr.

Clarence Otis, Jr.

Born: April 11, 1956, Vicksburg, MS.

Company: Darden Restaurants, Inc.

Position: Chief Executive Officer and President

Industry: Food Services

Country: United States[more]


Don Thompson

Born: 1963, Chicago, IL.

Company: McDonald's

Position: CEO

Industry: Food

Country: United States[more]


Kenneth C. Frazier

Company: Merck & Co., Inc.

Position: President, Chief Executive Officer and Director

Industry: Health Care

Country: United States[more]


Kenneth I. Chenault

Born: June 2, 1951, New York, New York.

Company: American Express

Position: Chairman and CEO

Industry: Financial Services

Country: United States[more]


Roger W. Ferguson, Jr.

Roger W. Ferguson, Jr.,

Born: October 28, 1951, Washington, D.C.

Company: TIAA-CREF

Position: President and CEO

Industry: Insurance

Country: United States[more]


Ursula M. Burns

Born: New York, New York, September 20, 1958

Company: Xerox Corporation

Position: Chairman and CEO

Industry: Printing and Imaging Equipment

Country: United States[more]


Former African American CEO's of Fortune 500 Companies

Aylwin Lewis

Born: May 28, 1954, Houston, TX.

Company: Potbelly Sandwich Works

Position: Chief Executive Officer and President

Industry: Food Services

Country: United States[more]


Franklin Delano Raines

Born: January 14, 1949, Seattle, Washington

Company: Revolution LLC

Position: Director

Industry: Financial Services

Country: United States[more]


John W. Thompson

John W. Thompson

Born: April 24, 1949, in Fort Dix, New Jersey

Company: Virtual Instruments

Position: CEO

Industry: Technology

Country: United States[more]


Lloyd D. Ward

Lloyd D. Ward

Company: CleanTech Solutions Worldwide, LLC,

Position: Chairman and CEO,

Industry: Waste Management Services, Food Manufacturing,

Country: United States[more]


Richard Dean Parson

Born: April 4, 1948, Brooklyn, NY

Company: Citigroup Inc.

Position: Chairman

Industry: Financial Services

Country: United States[more]


Rodney O'Neal

Born: c. 1954

Company: Delphi Corporation

Position: Chief Executive Officer and President

Industry: Automotive

Country: United States[more]


Ronald A. Williams

Born: c. 1950

Company: RW2 Enterprises

Position: Chairman and CEO

Industry: Health Care

Country: United States[more]


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Possible Future Black CEO's of Fortune 500 Companies

Charles E. Phillips, Jr.

Born: 1959, Little Rock, Arkansas,

Company: Infor Global Solutions,

Position: CEO,

Industry: Computer Technology,

Country: United States[more]


Rosalind G. Brewer

Born: c. 1962,

Company: Wal-Mart Stores, Inc.,

Position: President and CEO, Sam's Club,

Industry: Retail,

Country: United States[more]